Coming soon from Sifton Properties, Helio is slated to become the most energy-efficient high-rise apartment tower in Canada, designed and constructed to be 77 per cent more efficient than a similar building built under the current Ontario Building Code.

Coming soon from Sifton Properties, Helio is slated to become the most energy-efficient high-rise apartment tower in Canada, designed and constructed to be 77 per cent more efficient than a similar building built under the current Ontario Building Code.

Coming soon from Sifton Properties, Helio is slated to become the most energy-efficient high-rise apartment tower in Canada, designed and constructed to be 77 per cent more efficient than a similar building built under the current Ontario Building Code.

Coming soon from Sifton Properties, Helio is slated to become the most energy-efficient high-rise apartment tower in Canada, designed and constructed to be 77 per cent more efficient than a similar building built under the current Ontario Building Code.

CondoBusiness

The latest Housing Trends and Affordability Report from RBC Economics found that the Canadian home ownership dream became slightly less affordable in the fourth quarter of 2014. Between November and December of last year, resale activity fell 5.6 per cent, the sharpest month-over-month decline recorded in four and a half years.

CondoBusiness

This year’s Demographia International Housing Affordability Survey found that Vancouver is the world’s second most unaffordable housing market behind Hong Kong. In fact, of the five least affordable residential housing markets in Canada, four were found in British Columbia. Victoria, Kelowna and the Fraser Valley made the cut along with Toronto, Ont.

CondoBusiness

According to a recent Housing Trends and Affordability report from RBC Economics, housing affordability in Canada increased in the third quarter of 2014, despite an upward trend in house prices. Factors affecting affordability included declines in fixed mortgage rates, rising incomes and reduced utility costs, say economists.